AXP 是一只低风险股票，拥有面向高收入客户的稳健商业模式，预计未来几年其价值将超过 575 美元。
逐段跳播
好了，各位。下一只股票是七只股票中的第四只，American Express。好，American Express。这就像有人向一个拿到 A+ 的学生发出录用邀请，对吧？就像人人最喜爱的孩子。
American Express。这是市场上最好的股票之一，也是股市上风险最低的股票之一，对吧？
Okay, guys. The next stock is the fourth of the seven stocks, American Express. Okay, American Express. It's like an offer is being made for a student who gets an A+, right ? It's like everyone's favorite child.
American Express. This is one of the best stocks on the market , one of the least risky stocks on the stock market , right?
长期来看，这只股票的价值将超过 575 美元，而且还会有股息，对吧？记住，我喜欢那些主要业务目标客户是信用评分高的客户的公司，可以吗？而且是高收入的客户。我喜欢这种商业模式。
This stock will be worth more than $575 in the long run and will also have dividends , right? Remember, I like companies whose main business target is customers with high credit scores, okay ? And high income. I like that business model.
American Express。只有信用评分高、收入高的人才会使用 American Express。所以，这就是它的客户群，我个人就使用 American Express。
金卡是我认为自己一直在用的那张，可以吗？我妻子有一张金卡，她还有一张白金卡，所以我们能享受所有那些花哨的福利，对吧？当你在机场时，感觉棒极了。而且我几乎什么都用我的 American Express 卡。
有时如果有特殊的商务支出，我会用 Chase 卡，但在拥有 American Express 之后，你就不介意每年付费了，对吧？而他们就是靠这个赚钱。当然，他们可能会返还给你很多钱，说实话，我不知道，这是一个很棒的商业模式。
American Express. Only people with high credit scores and high incomes use American Express. And so, that's the client base, I personally use American Express. The gold card is the one I think I use all the time , okay?
My wife has a gold card , and she also has a platinum card, so we get all those fancy perks , right? When you're at the airport , it feels amazing. And I use my American Express card for almost everything.
Sometimes I use the Chase card if there is a special business expense , but after getting American Express you do n't mind paying every year, right ? And they make money from it.
Sure, they could give you a lot of money back, and honestly, I do n't know, it's a great business model.
而且不要只听我的一面之词。Warren Buffett，史上最伟大的投资者，对吧？那就是 Warren Buffett，对吧？他在 Berkshire Hathaway 的第二大投资是什么？
他在 American Express 上的投资是第二高的。你知道这有多难吗？你知道要在 Warren Buffett 的投资组合中占有一席之地有多难吗，更不用说还是那里的第二大持仓？这太不可思议了，不是吗？
And do n't just take my word for it. Warren Buffett, the best of all time, right? That's Warren Buffett, right? What is his second largest investment in Berkshire Hathaway? He has the second highest investment in American Express.
Do you know how difficult this is? You know how hard it is to get a spot in Warren Buffett's portfolio, let alone the second largest position there? This is incredible, isn't it ?
所以，American Express，Warren Buffett 在那里有 460 亿美元的持仓。我的意思是，这……是的，这是件大事。Warren Buffett 为什么把它保留为他的第二大股票，很能说明这家公司的商业模式。
So, American Express, Warren Buffett has a $46 billion position there. I mean, this... yeah, this is a big deal. Why Warren Buffett would keep it as his second-largest stock says a lot about this company's business model.
所以，如果 American Express 成为那里最大的持仓，不要感到惊讶，可以吗？看看这张 American Express 的盈利图表。你喜欢你所看到的吗？几年前利润率略有下降，但对 American Express 来说，此后它们一直相当稳定。
这是 American Express 的营业收入，正在上升。American Express 的股东权益不断增加，而公司的股票数量则在不断减少。
so do n't be surprised if American Express becomes the biggest position there, okay? Look at this American Express earnings chart. Do you like what you see? Margins declined slightly a few years ago, but for American Express, they have remained fairly stable since then.
This is American Express' operating income, which is on the rise. American Express's shareholder equity is constantly increasing, while the number of shares in the company is constantly decreasing.
所以，当我看 American Express 时，我说：“这是一只我可以用 300 美元买到的股票，对吧？我相信未来几年它会超过 575 美元。而且我不会因为像 American Express 这样的股票而失眠，可以吗？”
So, when I look at American Express, I say, "This is a stock that I can get for $300, right ? I believe it's going to be over $575 in the next few years. And I do n't lose sleep over a stock like American Express, okay?
有些商业模式不会让你失眠。American Express 就是其中之一。你知道我倡导什么吗，GVD，增长、价值、股息，对吧？我喜欢所有这些股票，我在我的投资组合里一直看到它们。
我有很多类型的投资组合，对吧？我的公开账户、Patreon 投资组合，以及许多其他私人投资组合。确实有。我总是看到这些股票给我带来股息。这只股票给了我 500 美元。这只股票给了我 2,000 美元。
这只股票给了我 3,000 美元。这只股票给了我 4,000 美元，对吧？而且股息不断累积。我拿这些钱，再投资到市场上那些绝佳的机会中。而 American Express 就是这些公司之一，对吧
There are some business models that you do n't lose sleep over. American Express is one of them. You know what I preach , GVD, growth, value, dividends, right ? I love all these stocks, I see them in my portfolio all the time .
I have many types of portfolios, right? My public account, Patreon portfolio, and many other private portfolios. There are. I always see these stocks giving me dividends. This stock gave me $500.
This stock gave me $2,000. This stock gave me $3,000. This stock gave me $4,000 , right ? And the dividends keep piling up. I take that money and reinvest it in incredible opportunities in the market.
And American Express is one of those companies, right
这个频道对 $AXP 的历次判断
Financial Education 在这只股票上共 8 条判断，这里只列相邻的几条。